Finance Receivables (Tables)

9 Months Ended

Jul. 31, 2013

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

Our Finance receivables, net, consist of the following:

(in millions)	July 31, 2013		October 31, 2012
Retail portfolio	$	841	$	1,048
Wholesale portfolio	1,154		1,128
Total finance receivables	1,995		2,176
Less: Allowance for doubtful accounts	24		27
Total finance receivables, net	1,971		2,149
Less: Current portion, net(A)	1,590		1,663
Noncurrent portion, net	$	381	$	486

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(A) The current portion of finance receivables is computed based on contractual maturities. Actual cash collections typically vary from the contractual cash flows because of prepayments, extensions, delinquencies, credit losses, and renewals.

Finance Revenues Derived From Receivables [Table Text Block]

The following table presents the components of our Finance revenues, net:

	Three Months Ended July 31,						Nine Months Ended July 31,
(in millions)	2013			2012			2013			2012
Retail notes and finance leases revenue	$	19		$	24		$	60		$	76
Wholesale notes interest	21			22			60			67
Operating lease revenue	13			10			37			30
Retail and wholesale accounts interest	8			8			21			26
Gross finance revenues	61			64			178			199
Less: Intercompany revenues	(20		)	(22		)	(59		)	(70		)
Finance revenues	$	41		$	42		$	119		$	129